ClickTrades Review – Is ClickTrades Scam or Legit?

ClickTrades Broker Score
Overall
4.3
  • Trading Platform
  • Asset Index
  • Risk Management
  • Account Types
  • Payment Options
  • Trading Education

Summary

Today we are writing a ClickTrades review for you and are giving you all the info you need to know before signing up with ClickTrades, we want to recommend ClickTrades for online trading because it is NOT a scam.

ClickTrades Review

ClickTrades logoClickTrades is a growing CFD brokerage with a clear mission of focusing on its clients and their needs. Traders have access to some of the latest and most useful trading resources in the industry, so they can cope with challenging conditions and learn how to navigate the financial markets.

Authorized and regulated by the Financial Services Authority (FSA), the company covers a broad range of countries, although people should know that residents in certain jurisdictions like Canada, Japan, or the USA are not able to open trading accounts with ClickTrades.

Available Instruments

Thanks to 2,100+ CFD instruments available, there are various ways to gain diversified exposure on the market. The list of assets includes some of the most popular markets in the world, such as:

  • Forex
  • Shares
  • Indices
  • Blends
  • Commodities
  • Cryptocurrencies
  • Bonds
  • ETFs

Fixed or variable spreads and competitive margin stand out, as ClickTrades aims to be a place where any individual can get involved, even with a small trading account. An Essential account is fit for newcomers, while those wanting an upgrade can choose the Original or Signature option.

ClickTrades website

ClickTrades WebTrader

The entire ClickTrades trading infrastructure was built around WebTrader, a proprietary trading platform promising a friendly user interface and several innovative trading tools. Available on both desktop & mobile devices, it strives to be the software traders can use daily to spot new trading opportunities or manage a trading account.

Various order types and execution modes, an extensive array of technical indicators, a high degree of customization, financial news feed and the ability to open as many as 10 charts simultaneously make the ClickTrades WebTrader versatile, competitive, and well-suited even when volatility in the market is high.

Trading Tools

Trading CFDs with ClickTrades can be advantageous due to several reputed third-party tools directly integrated into the WebTrader. The most popular and prominent of all is Trading Central, a dynamic tool for every trader, providing access to technical indicators for an extremely wide range of assets like CFDs on shares, commodities, indices, FX, ETFs, and bonds.

A certified member of three Independent Research Providers (IRPs), Trading Central has been adopted by a broad range of brokerages and  is not absent from the ClickTrades offer. Traders also need to consider that this tool includes fundamental analytics and can be used even when trading on a mobile device.

ClickTrades trading tools

Pros 

  • Regulated and authorized CFD brokerage
  • Multiple payment methods supported
  • Access to 2,100+ CFD instruments

Cons

  • Limited educational resources on the website
  • Not regulated for the USA and Canadian customers
  • Only 3 accounts types available

Summary

ClickTrades had been in the world of CFD trading long enough to be considered a solid and trusted brand, aiming to achieve long-term goals with professionalism. Traders choosing to work with this brand will benefit from a regulated framework, multiple CFDs, an optimized platform, and efficient trading tools to conduct their daily operations.

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